VERSON (0894.273.682): financials and annual accounts

VERSON

Ypres ·KBO/BCE: BE 0894.273.682

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2013	2012	2011	2010	2009
Balance sheet: assets
Total assets`20/58`	110,925	123,829	150,505	114,406	77,138	81,457	100,294	102,802	72,371	78,269	47,244	73,111	104,811	120,022	152,575	82,099
Fixed assets`21/28`	13,861	24,301	34,748	42,585	2,697	16,128	29,774	43,517	18,240	24,994	14,687	33,449	47,302	67,121	73,791	38,849
Tangible fixed assets`22/27`	13,861	24,301	34,748	42,585	2,697	16,128	29,774	43,517	18,240	24,994	14,687	33,449	47,302	67,121	73,491	38,549
Land and buildings`22`	-	-	-	-	0	232	1,057	1,882	2,936	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	47	237	507	1,501	6,085	9,121	10,801	8,256	8,456
Furniture and vehicles`24`	1,588	2,374	3,165	1,348	710	-	4,872	9,794	15,066	20,420	7,988	20,187	29,874	47,136	62,945	27,497
Leasing and similar rights`25`	12,273	21,928	31,582	41,237	1,987	-	-	-	-	-	-	-	-	-	-	-
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	4,067	5,198	7,176	8,307	9,185	2,290	2,596
Financial fixed assets`28`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	300
Current assets`29/58`	97,063	99,527	115,758	71,822	74,441	65,329	70,520	59,285	54,131	53,274	32,557	39,663	57,509	52,900	78,784	43,250
Stocks and contracts in progress`3`	16,500	16,250	0	855	1,850	-	1,500	14,202	10,823	3,990	203	4,359	8,817	11,261	18,763	-
Stocks`30/36`	1,500	1,250	0	855	1,850	-	1,500	7,307	2,823	990	203	4,359	5,817	3,261	5,763	-
Contracts in progress`37`	15,000	15,000	-	-	-	-	-	6,895	8,000	3,000	-	-	3,000	8,000	13,000	-
Amounts receivable within one year`40/41`	64,074	74,069	97,688	62,005	61,221	59,694	66,742	42,330	20,496	48,666	29,729	33,079	45,593	35,152	59,656	42,884
Trade receivables`40`	-	0	26,096	8,493	8,361	16,954	19,970	17,185	11,102	25,567	11,688	12,769	30,483	22,318	43,413	24,896
Other amounts receivable`41`	64,074	74,069	71,592	53,512	52,860	42,740	46,772	25,145	9,393	23,099	18,041	20,310	15,110	12,834	16,243	17,988
Cash at bank and in hand`54/58`	14,856	7,761	13,811	8,929	11,370	5,635	-	-	22,813	619	1,317	2,225	3,099	6,487	365	365
Deferred charges and accrued income`490/1`	1,633	1,447	4,258	32	-	-	2,278	2,753	-	-	1,308	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	110,925	123,829	150,505	114,406	77,138	81,457	100,294	102,802	72,371	78,269	47,244	73,111	104,811	120,022	152,575	82,099
Equity`10/15`	52,919	64,771	67,979	61,919	45,084	35,230	12,841	11,148	12,170	9,237	9,196	12,822	12,386	13,614	1,852	4,215
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	6,200	6,200
Issued capital`100`	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,400	12,400
Reserves`13`	34,319	49,379	49,379	43,319	26,484	16,630	-	-	-	-	-	-	-	-	-	-
Non-distributable reserves`130/1`	-	-	-	0	1,860	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	1,860	-	-	-	-	-	-	-	-	-	-
Reserves not available under the articles`1311`	-	-	-	0	1,860	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	34,319	49,379	49,379	43,319	24,624	14,770	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	0	-3,208	-	-	-	-	-5,759	-7,452	-6,430	-9,363	-9,404	-5,778	-6,214	-4,986	-4,348	-1,986
Amounts payable`17/49`	58,006	59,058	82,526	52,487	32,054	46,227	87,453	91,654	60,201	69,032	38,048	60,290	92,425	106,407	150,723	77,884
Amounts payable after more than one year`17`	2,392	11,761	20,818	29,573	0	8,396	20,829	37,282	26,192	14,922	-	16,864	34,579	55,002	76,251	35,768
Financial debts`170/4`	2,392	11,761	20,818	29,573	0	8,396	20,829	37,282	26,192	14,922	-	16,864	34,579	55,002	76,251	35,768
Amounts payable within one year`42/48`	55,613	44,297	61,708	22,914	32,054	37,831	66,217	54,372	34,009	54,109	37,451	42,887	57,843	50,969	74,040	42,116
Current portion of amounts payable after more than one year`42`	12,702	12,220	12,136	11,765	31,302	21,933	29,453	16,009	9,564	4,791	3,112	17,715	20,423	21,249	24,547	16,017
Financial debts`43`	23,052	23,052	23,052	-	-	-	23,908	20,062	15,000	25,615	24,349	13,120	26,205	19,043	20,169	16,270
Credit institutions`430/8`	0	23,052	-	-	-	-	23,908	20,062	15,000	25,615	24,349	13,120	26,205	19,043	20,169	16,270
Other loans`439`	23,052	-	23,052	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	15,886	9,024	26,520	11,150	752	7,096	5,855	12,257	5,501	16,942	5,154	8,520	8,523	9,113	21,590	9,829
Suppliers`440/4`	15,886	9,024	26,520	11,150	752	7,096	5,855	12,257	5,501	16,942	5,154	8,520	8,523	9,113	21,590	9,829
Taxes, remuneration and social security`45`	3,972	-	-	-	0	8,802	7,000	6,044	3,945	5,207	4,837	3,532	2,692	1,563	7,733	-
Taxes`450/3`	3,972	-	-	-	0	8,802	3,000	3,000	3,552	3,934	3,116	3,532	2,692	1,563	7,528	-
Remuneration and social security`454/9`	-	-	-	-	-	-	4,000	3,044	393	1,273	1,721	-	-	-	206	-
Other amounts payable`47/48`	-	-	-	-	-	-	-	-	-	1,555	-	-	-	-	-	-
Accrued charges and deferred income`492/3`	0	3,000	-	-	-	-	407	-	-	-	597	539	3	436	432	-
Income statement
Non-recurring operating income`76A`	-	-	0	23,616	-	-	-	-	19,005	6,700	750	-	12,397	-	-	41
Gross operating margin`9900`	20,978	9,158	24,901	35,205	31,740	45,711	36,415	50,119	64,512	78,076	114,683	21,678	14,394	31,317	48,685	64,522
Remuneration, social security and pensions`62`	-	-	-	-	-	-	18,154	46,961	54,648	55,487	66,895	-	-	-	18,909	22,600
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	10,440	10,446	10,605	7,558	14,487	13,646	13,743	14,464	6,755	14,651	21,710	13,853	15,471	24,094	21,623	26,195
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-14,675	-3,382	7,657	1,622	1,057	-	-	-	11,541
Other operating charges`640/8`	3,184	1,153	2,483	2,342	1,645	808	791	1,090	976	982	1,931	831	855	839	2,646	1,012
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	6,893	-	-	2,000
Operating profit (loss)`9901`	7,355	-2,441	11,813	25,305	15,608	31,258	3,727	2,278	5,515	-701	22,525	5,937	-1,932	6,383	5,506	3,174
Financial income`75/76B`	3,183	3,740	2,766	2,828	5,640	3,380	2,733	1,159	1,297	544	2,831	673	475	611	1,175	738
Recurring financial income`75`	3,183	3,740	2,766	2,828	5,640	3,380	2,733	1,159	1,297	544	2,831	673	475	611	1,175	738
Financial charges`65/66B`	4,247	4,379	6,055	4,894	7,196	4,424	4,767	4,460	3,414	5,568	11,224	5,102	4,747	6,465	8,949	3,939
Recurring financial charges`65`	4,247	4,379	6,055	4,894	7,196	4,424	4,767	4,460	3,414	5,568	11,224	5,102	4,747	6,465	8,949	3,939
Profit (loss) for the period before taxes`9903`	6,290	-3,080	8,524	23,238	14,052	30,214	1,693	-1,022	3,397	975	14,881	1,509	-700	529	-2,267	-1,986
Income taxes`67/77`	1,512	128	2,464	6,403	4,198	7,825	-	-	464	934	507	1,073	528	1,167	96	-
Profit (loss) for the period`9904`	4,778	-3,208	6,060	16,835	9,854	22,389	1,693	-1,022	2,933	41	14,374	435	-1,228	-638	-2,362	-1,986
Profit (loss) for the period to be appropriated`9905`	4,778	-3,208	6,060	16,835	9,854	22,389	1,693	-1,022	2,933	41	14,374	435	-1,228	-638	-2,362	-1,986
Appropriation of the result
Profit (loss) to be appropriated`9906`	1,570	-3,208	6,060	16,835	9,854	16,630	-5,759	-7,452	-6,430	-9,363	8,596	-5,778	-6,214	-4,986	-4,348	-1,986
Profit (loss) brought forward from the previous period`14P`	-3,208	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	16,630	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	1,570	0	6,060	16,835	9,854	16,630	-	-	-	-	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	0	1,860	-	-	-	-	-	-	-	-	-	-
To other reserves`6921`	1,570	0	6,060	16,835	9,854	14,770	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	16,630	-	-	-	-	-	-	-	-	-	18,000	-	-	-	-	-
Return on contributions (dividend)`694`	16,630	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Directors or managers`695`	-	-	-	-	-	-	-	-	-	-	18,000	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	0.4	1	1.2	1.3	1.2	-	-	-	0.3	1
Hours worked`1013`	-	-	-	-	-	-	576	1,480	1,832	2,032	3,008	-	-	-	688	984
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	29-06-2026	2026-00250171	PDF
31-12-2024	micro format	18-09-2025	2025-00495194	PDF
31-12-2023	micro format	26-07-2024	2024-00300098	PDF
31-12-2022	micro format	31-08-2023	2023-00419632	PDF
31-12-2021	micro format	30-08-2022	2022-20406824	PDF
31-03-2020	micro format	30-10-2020	2020-66200195	PDF
31-03-2019	micro format	18-10-2019	2019-70800162	PDF
31-03-2018	micro format	02-10-2018	2018-68400029	PDF
31-03-2017	micro format	02-10-2017	2017-65900226	PDF
31-03-2016	abbreviated format	26-09-2016	2016-61100258	PDF
31-03-2015	abbreviated format	26-10-2015	2015-65500397	PDF
30-06-2013	abbreviated format	30-12-2013	2013-70300408	PDF
30-06-2012	abbreviated format	04-02-2013	2013-02900348	PDF
30-06-2011	abbreviated format	14-02-2012	2012-03800103	PDF
30-06-2010	abbreviated format	12-02-2011	2011-03300562	PDF
30-06-2009	abbreviated format	10-02-2010	2010-04200390	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2013	2012	2011	2010	2009
EBITDA	17,795	8,005	22,418	32,863	30,095	44,903	17,470	16,742	12,270	13,951	44,234	19,790	13,539	30,478	27,129	29,369
Cash flow	15,218	7,238	16,664	24,394	24,341	36,035	15,436	13,442	9,688	14,693	36,084	14,289	14,243	23,457	19,261	24,210
Investment in fixed assets (approximation)	0	0	2,768	51,241	1,056	0	0	39,741	0	24,959	2,948	0	2,545	17,724	56,565	66,244
Change in cash	7,096	-6,051	4,882	-2,441	5,735	-	-	-	22,193	-697	-	-874	-3,387	6,121	0	-
Working capital	41,450	55,230	54,049	48,907	42,387	27,498	4,303	4,913	20,122	-835	-4,894	-3,224	-334	1,931	4,744	1,133
Solvency	47.7%	52.3%	45.2%	54.1%	58.4%	43.2%	12.8%	10.8%	16.8%	11.8%	19.5%	17.5%	11.8%	11.3%	1.2%	5.1%
Current ratio	1.75	2.25	1.88	3.13	2.32	1.73	1.06	1.09	1.59	0.98	0.87	0.92	0.99	1.04	1.06	1.03
Quick ratio	1.45	1.88	1.88	3.10	2.26	1.73	1.04	0.83	1.27	0.91	0.86	0.82	0.84	0.82	0.81	1.03
Debt to equity	1.10	0.91	1.21	0.85	0.71	1.31	6.81	8.22	4.95	7.47	4.14	4.70	7.46	7.82	81.38	18.48
ROE	9.0%	-5.0%	8.9%	27.2%	21.9%	63.6%	13.2%	-9.2%	24.1%	0.4%	156.3%	3.4%	-9.9%	-4.7%	-127.5%	-47.1%
ROA	4.3%	-2.6%	4.0%	14.7%	12.8%	27.5%	1.7%	-1.0%	4.1%	0.1%	30.4%	0.6%	-1.2%	-0.5%	-1.5%	-2.4%
Interest coverage	4.19	1.83	3.70	6.71	4.18	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	-	€2,768	€51,241	€1,056
Intangible fixed assets	-	-	-	-	€0
Financial fixed assets	-	-	-	-	€0
Depreciation and write-downs of the year	€10,440	€10,446	€10,605	€7,558	€14,487

VERSON

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency47.7%

Current ratio1.75

Return on assets4.3%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on VERSON

Next steps